Lisa Bodensteiner Sells 612 Shares of Synaptics (NASDAQ:SYNA) Stock

Synaptics Incorporated (NASDAQ:SYNA) insider Lisa Bodensteiner sold 612 shares of Synaptics stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $114.83, for a total transaction of $70,275.96. Following the completion of the sale, the insider directly owned 63,106 shares in the company, valued at $7,246,461.98. This trade represents a 0.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Lisa Bodensteiner also recently made the following trade(s):

• On Monday, April 20th, Lisa Bodensteiner sold 1,798 shares of Synaptics stock. The shares were sold at an average price of $81.87, for a total transaction of $147,202.26.
• On Wednesday, March 18th, Lisa Bodensteiner sold 334 shares of Synaptics stock. The shares were sold at an average price of $74.83, for a total transaction of $24,993.22.

Synaptics Stock Performance

Synaptics stock traded up $8.44 during mid-day trading on Wednesday, reaching $132.08. The company’s stock had a trading volume of 829,738 shares, compared to its average volume of 827,934. Synaptics Incorporated has a 12-month low of $57.54 and a 12-month high of $134.84. The company has a market capitalization of $5.10 billion, a P/E ratio of -106.60, a PEG ratio of 4.11 and a beta of 1.86. The company has a debt-to-equity ratio of 0.62, a quick ratio of 2.39 and a current ratio of 3.04. The firm’s fifty day moving average price is $86.71 and its two-hundred day moving average price is $80.91.

Synaptics (NASDAQ:SYNA) last released its quarterly earnings data on Thursday, May 7th. The software maker reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.08. Synaptics had a negative net margin of 4.10% and a positive return on equity of 4.32%. The business had revenue of $294.20 million during the quarter, compared to analyst estimates of $290.51 million. During the same period in the previous year, the business earned $0.90 EPS. Synaptics’s revenue was up 10.4% compared to the same quarter last year. Synaptics has set its Q4 2026 guidance at 1.050-1.350 EPS. Sell-side analysts predict that Synaptics Incorporated will post 1.21 EPS for the current fiscal year.

Institutional Trading of Synaptics

Hedge funds have recently made changes to their positions in the stock. CIBC Private Wealth Group LLC lifted its holdings in shares of Synaptics by 119.5% during the 4th quarter. CIBC Private Wealth Group LLC now owns 349 shares of the software maker’s stock worth $26,000 after acquiring an additional 190 shares during the last quarter. Leonteq Securities AG bought a new stake in shares of Synaptics during the 4th quarter worth $43,000. Optiver Holding B.V. lifted its holdings in shares of Synaptics by 40.2% during the 3rd quarter. Optiver Holding B.V. now owns 593 shares of the software maker’s stock worth $41,000 after acquiring an additional 170 shares during the last quarter. Hantz Financial Services Inc. lifted its holdings in shares of Synaptics by 143.9% during the 3rd quarter. Hantz Financial Services Inc. now owns 595 shares of the software maker’s stock worth $41,000 after acquiring an additional 351 shares during the last quarter. Finally, Lazard Asset Management LLC bought a new stake in shares of Synaptics during the 2nd quarter worth $54,000. 99.43% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research firms recently weighed in on SYNA. Weiss Ratings reiterated a “sell (d)” rating on shares of Synaptics in a research note on Tuesday, April 21st. Barclays boosted their price target on shares of Synaptics from $100.00 to $110.00 and gave the company an “overweight” rating in a research report on Friday, May 8th. Rosenblatt Securities boosted their price target on shares of Synaptics from $125.00 to $180.00 and gave the company a “buy” rating in a research report on Wednesday. Mizuho set a $128.00 price target on shares of Synaptics in a research report on Friday, May 8th. Finally, TD Cowen restated a “buy” rating on shares of Synaptics in a research report on Friday, February 6th. Ten analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $119.18.

About Synaptics

Synaptics Incorporated is a global developer and supplier of human interface solutions for computing, networking, communications, and entertainment devices. The company specializes in the design, development and integration of custom chips and software that enable intuitive, natural user interactions. Synaptics solutions support touch, display, audio and biometrics functions, facilitating seamless human-to-machine interfaces across a broad range of end markets.

Key product offerings include touch controllers for laptops and tablets, capacitive touchscreens and display drivers for mobile devices, fingerprint sensors and secure authentication modules, as well as advanced audio processing and voice enhancement technologies.